The full amount of a lease payment is tax deductible provided the contract qualifies as a true lease under IRS guidelines.
Answer the following statement true (T) or false (F)
True
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Which of the following pairs of variables are least likely to be useful in drawing a strategic group map?
A. level of profitability and size of market share B. price/perceived quality and image range and the extent of buyer appeal C. product quality and product-line breadth D. brand name reputation and distribution channel emphasis E. geographic market scope and degree of vertical integration
Credit refusals cannot serve as order acknowledgments when requests for credit are accompanied with an order
Indicate whether the statement is true or false
Young Company received $18,000 cash from the sale of a machine that had a $13,000 book value. If the company is subject to a 30% income tax rate, the net cash flow to use in a discounted-cash-flow analysis would be:
A. $19,500. B. $6,500. C. $3,500. D. $16,500. E. $12,600.
Unlike large companies, new businesses can afford to have people who just follow procedures rather than use all of their skills and creative abilities.
Answer the following statement true (T) or false (F)